Trump’s $2 Billion Income Prompts Calls for Probes of First Family’s Crypto Dealings

The disclosure that President Trump made more than $2 billion in 2025 is prompting Democrats to rail against the first family’s business interests, including the cryptocurrency firm that is run by Mr. Trump’s two eldest sons. Democrats are promising congressional investigations into the family’s business dealings should they take control of at least one chamber of Congress this year. Mr. Trump’s annual financial disclosure forms, which were made public on Tuesday, show that his personal income jumped to $2.2 billion in 2025 — nearly four times the $600 million he made the year before. More than half of his 2025 income — around $1.4 trillion — came from cryptocurrency and related firms. Much of that money came from an entity known as “Celebration Coins,” which houses Mr. Trump’s meme coin, $TRUMP. The coin was launched shortly before Mr. Trump was sworn in as president last year, and briefly surged in value before collapsing, losing nearly all its worth. A similar thing happened with a meme coin set up by first lady Melania Trump. The president made more than $600 million from the meme coin venture while most investors suffered heavy losses.Mr. Trump also reported more than $500 million in income from World Liberty Financial, the cryptocurrency firm run by his two eldest sons, Eric and Don. Jr. The payment was part of an equity sale, some of which may have come from the 49 percent stake that was purchased by a man with close ties to the government of the United Arab Emirates. “I don’t get involved” personally, Mr. Trump told reporters on Wednesday when asked about the financial disclosure forms. “You know why I’m profiting? Because the stock market’s going up. Everybody’s profiting.”While the president and vice president are exempt from federal conflict of interest laws, a former White House chief ethics lawyer under President George W. Bush described Mr. Trump’s dealings in cryptocurrency while issuing executive orders that could affect its value as a “clear” conflict.“For every other executive branch official it would be a violation of a criminal conflict of interest statute to participate in government matters that have a known impact on your own finances,” Richard Painter said in an interview with National Public Radio. Mr. Painter is now a professor at the University of Minnesota Law School.The disclosure that Mr. Trump made so much money in a single year was met with rage from Democrats — and clear promises that his crypto interests will be subject to congressional investigations in the future, should they win the majority. The disclosure also seemed to hand them a potent midterm message: that Mr. Trump is getting exorbitantly rich while Americans say they are struggling to afford the basics.“The reality is, is what we know that’s public-facing, is just part of the massive corruption that is happening every single day in the Trump White House and across all of our agencies,” Representative Robert Garcia, the top Democrat on the House Oversight Committee, said on MSNOW’s “The Briefing with Jen Psaki.”“There is evidence of pay-to-play, there is evidence of the family enriching themselves, clearly,” Mr. Garcia said. “Donald Trump in just this presidency alone is $2 billion richer.”“There will be so much to investigate in the years ahead that Donald Trump and his family have to be prepared to answer questions and to be accountable to the American public,” he declared. The chairman of the Progressive Caucus, Representative Greg Casar, who sits on the Oversight Committee, also seems eager to investigate the Trump family’s crypto firm. In a video posted to social media, he said the UAE-linked firm that bought into World Liberty Financial has directly helped enrich members of the first family. “Donald Trump made a killing while being president of the United States, through a huge investment in his cryptocurrency company from a firm with ties to the UAE all while the president sets our foreign policy and our cryptocurrency policy,” Mr. Casar said. “That is corruption, plain and simple.”Investigations into the family’s business dealings may go beyond the president and his children. Senator Jon Ossoff — who is coasting toward re-election this year despite being a top Republican target — has railed against the president’s son-in-law, Jared Kushner, and his special envoy to the Middle East, Steve Witkoff. Both men have business interests in the region at the same they are trying to negotiate peace agreements between Israel and various Arab states. “Here’s the bottom line: if you’re involved in any of this, next year you’ll be raising your right hand and swearing to tell the truth, the whole truth, and nothing but the truth so help you God in front of the United States Congress,” Mr. Ossoff declared at a campaign rally over the weekend.

Trump’s $2 Billion Income Prompts Calls for Probes of First Family’s Crypto Dealings

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